Cheniere Energy, Inc.·4

Feb 10, 8:15 PM ET

Hinz Maas 4

Research Summary

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Cheniere (LNG) SVP Hinz Maas Exercises RSUs; Company Withholds Shares

What Happened

  • Hinz Maas, Senior Vice President of Operations at Cheniere Energy (LNG), had restricted stock units (RSUs) vest and convert on Feb 8–9, 2026. A total of 4,952 RSUs converted to shares (3,304 on Feb 8 and 1,648 on Feb 9).
  • Rather than open‑market sales, the company withheld all 4,952 shares to satisfy tax and settlement obligations: 2,454 + 999 shares were reported as dispositions to the issuer (D) and 850 + 649 shares were reported as tax/payment withholdings (F). Disposition/withholding price reported was $199.65 per share, and the combined cash value of the withheld/disposed shares was approximately $988,667.
  • The filing includes exercise/conversion (M) entries showing the RSUs converted into shares (derivative conversion), with separate entries recording the withholding/disposition to cover tax liabilities.

Key Details

  • Transaction dates and prices: Feb 8, 2026 (3,304 RSUs converted; $199.65 used for withholding/disposition), Feb 9, 2026 (1,648 RSUs converted; $199.65). Total withheld/disposed value ≈ $988,667.
  • Shares involved: 4,952 RSUs converted; 4,952 shares withheld/disposed to satisfy tax/settlement.
  • Shares owned after transaction: not specified in the provided filing details.
  • Notable footnotes: F1–F6 state RSUs represent rights to one share or cash equivalent; portions vested on Feb 8 and Feb 9 and some settled in cash; the company withheld shares to satisfy the reporting person’s tax liabilities.
  • Filing timeliness: Report filed Feb 10, 2026 for transactions on Feb 8–9, 2026 (timely filing).

Context

  • These transactions are routine RSU vesting and settlement events, not open‑market purchases or discretionary sales. The derivative (M) entries reflect conversion/settlement of RSUs; the corresponding D and F entries reflect shares withheld/retired by the company to cover tax obligations (a cashless-type settlement/withholding).
  • Such withholdings are common and generally reflect tax obligations rather than a directional insider opinion.